The current environment poses unique challenges for hotel financing in Canada and globally, particularly for lenders. From financing arrangements, amendments, extensions to operating and loan agreements, and assessing financial risk and lender security, businesses require legal counsel with in-depth industry knowledge and experience across many legal disciplines. In a time of significant disruption, we seamlessly provide advice on a wide range of issues to meet these rapidly changing market and regulatory conditions.
Blakes is a market leader in hotel finance. With our collective expertise and resources, we have been involved in the financings of more than 100 hotels. Clients rely on this experience and our ability to seamlessly and cost-effectively meet their needs. Moreover, lenders and investors come to Blakes for practical hotel debt-financing advice and cutting-edge solutions. In particular, they look to us for guidance on financial loan structures, including designing, employing and leveraging debt finance opportunities, as well as evaluating the risks and assisting with negotiating and documenting debt-based financing.
We also provide ongoing counsel to companies regularly engaged in lending or borrowing transactions. In each instance, we make sure we understand our client’s business objectives and concerns to craft the best solution.
Ranked No. 1 in banking and finance and acknowledged as having Canada’s preeminent financial services practice, Blakes offers unmatched experience advising on structuring and executing complex debt transactions. As industry leaders, we have developed several innovative financing and security structures used in Canada and have assisted clients around the world in devising and implementing creative solutions to their funding needs.
Blakes is an allied member of the Hotel Association of Canada, and we act as legal counsel to the Canadian Hotel Investment Conference.